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Compute wyman total expense on its income statement

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Question - Wyman Company is a manufacturer. During the current month, Wyman paid $12,000 rental on equipment in its factory (production equipment),$8,000 rental on equipment in its offices (copiers), and $6,500 for labor to production line employees. It did not sell any goods.

Compute the following:

Wyman's total expense on its income statement:

Wyman's total current asset cost on its balance sheet:

Wyman's total long-term asset cost on its balance sheet:

Reference no: EM131665493

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